Petro Carbon and Chemicals SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Petro Carbon and Chemicals IPO. Explore Petro Carbon and Chemicals IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Petro Carbon and Chemicals Limited (PCCL) is a key player in the carbon industry, engaged in the manufacturing and marketing of Calcined Petroleum Coke (CPC). As a part of the ATHA Group, a 70-year-old diversified business conglomerate headquartered in Kolkata, PCCL benefits from the group's extensive experience and strategic focus on business diversification and integration. PCCL operates with a B2B model, supplying CPC primarily to aluminum manufacturing companies, graphite electrode producers, titanium dioxide manufacturers, and various metallurgical and chemical industries.
Key Points:
- Product and Industry:
- Primary Product: Calcined Petroleum Coke (CPC), derived from Raw Petroleum Coke (RPC).
- Applications: Used in aluminum smelting, steel production, titanium dioxide production, and various other carbon-based manufacturing processes.
- Manufacturing Facility:
- Location: Haldia Industrial Growth Centre, West Bengal.
- Capacity: Approximately 93,744 tons per annum of CPC.
- Infrastructure: 30-acre site with facilities including own railway siding, storage yards, and proximity to essential utilities and transport links.
- Recognition: Awarded the NALCO VIKRETA UTKARSH PURASKAR in 2018 for being the top supplier to the National Aluminium Company Limited.
- Market and Clients:
- Primary Clients: Aluminum manufacturing companies, graphite electrodes, and titanium dioxide manufacturers.
- Diverse Applications: CPC is essential for various industries, including aluminum, steel, chemical, and metallurgical industries.
Objects of the Issue
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges
- Carry out the Offer for Sale of up to 66,17,600 Equity Shares by the Selling Shareholders.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 25 Jun - 27 Jun 2024 |
| IPO Price Band | ₹ 162 - 171 per share |
| Fresh Issue | NIL |
| Offer For Sale | 66,17,600 shares |
| Total IPO Size | Approx ₹ 113.16 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 25 Jun 2024 |
| IPO Closing Date | 27 Jun 2024 |
| Basis Of Allotment | 28 Jun 2024 |
| Refunds | 01 Jul 2024 |
| Demat Transfer | 01 Jul 2024 |
| IPO Listing Date | 02 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 155.29 | 279.93 | 517.61 | 447.11 |
| Total Expenses | 155.0 | 271.61 | 508.11 | 346.76 |
| Net Profit/Loss | 0.12 | 5.71 | 6.72 | 70.31 |
| NPM (*) | 0.08 | 2.06 | 1.30 | 15.78 |
| Total Assets | 159.92 | 277.04 | 263.79 | 274.32 |
| Total Liabilities | 89.05 | 201.30 | 182.18 | 124.34 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.04 | 2.20 | 2.59 | 27.54 |
| ROE (%) | NA | NA | NA | NA |
| ROCE (%) | 2.30 | 10.09 | 10.88 | 60.36 |
| RoNW (%) | 0.46 | 18.54 | 17.91 | 66.0 |
| D/E Ratio | 1.15 | 2.56 | 2.15 | 0.54 |
| Current Ratio | NA | NA | NA | NA |
| EBITDA MARGIN (%) | 1.83 | 4.31 | 3.13 | 23.59 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Petro Carbon and Chemicals Limited | 515.51 | 66.02 | 2.59 | 17.92 | 14.43 |
| Goa Carbon Limited | 1,364.36 | 8.76 | 88.24 | 58.00 | 130.82 |
| India Carbon Limited | 565.72 | 13.85 | 90.28 | 6.14 | 1,637.97 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 94.49 |
| Non-Institutional Investor (NII/HNI) | 129.91 |
| Retail Individual Investor (RII) | 74.34 |
| Total | 92.01 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- KISHOR KUMAR ATHA
- DILIP KUMAR ATHA
- GAURAV ATHA
- VISHAL ATHA
- BHARAT ATHA
Lead Managers
- GYRCAPITAL ADVISORS PRIVATE LIMITED
Company Address
PETRO CARBON AND CHEMICALS LIMITED
Avani Signature, 6th Floor, 91A/1, Park Street, Kolkata, West Bengal, India, 700016
Phone: 033-40118400
Email: pccl@athagroup.in
Website: www.pccl.in
FAQs
- What is the issue size of the Petro Carbon and Chemicals SME IPO?The Petro Carbon and Chemicals SME IPO has an issue size of Approx ₹ 113.16 crore. This includes a fresh issue of NIL and an offer for sale (OFS) of 66,17,600 shares.
- What is the price band of the Petro Carbon and Chemicals IPO?The price band for the Petro Carbon and Chemicals IPO is ₹ 162 - 171 per share.
- What are the bidding dates for the Petro Carbon and Chemicals IPO?The Petro Carbon and Chemicals IPO will open for bidding on 25 Jun 2024 and close on 27 Jun 2024.
- What is the allotment date for the Petro Carbon and Chemicals IPO?The allotment date for the Petro Carbon and Chemicals IPO is 28 Jun 2024.
- What is the listing date for the Petro Carbon and Chemicals IPO?The listing date for the Petro Carbon and Chemicals IPO is 02 Jul 2024.
- What is the Petro Carbon and Chemicals IPO grey market premium?The grey market premium (GMP) for the Petro Carbon and Chemicals IPO is currently at ₹90, with an expected listing gain of approximately 52.63%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.